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The South East Asia artificial cartilage and artificial joints market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 7.3 billion in 2019. The market is further expected to touch USD 15.0 billion by 2026, growing at a CAGR of 11.8% during 2020-2026 (forecast period).
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Global Topical Dispenser Market appraised at USD 418 billion in 2019 and is anticipated to reach USD 631.8 billion by 2027, at a CAGR of 5.3 % during the projection period.Topical applicators are used to administer peels and skin protectants, ointments, gels, creams, masks, disinfectants, and drugs. As more topical medications are being prescribed and introduced, the request for topical applicators is estimated to surge. Metered topical applicators ensure the precise quantity of drug/balm/cream/other medication for application on the body surface. The thematic device is user-friendly and dispenses the specified amount of medication with just one click. Topical applicators are reliable as they deliver automatic and consistent doses, assuring the same viscosity and no user-variability. They offer accuracy during the mixing and filling of the product and negate the chances of excess medication. The primary reason for propelling the development of topical applicators is the growing need for medicine's contactless administration, assuring no transmission of bacteria carrying the infection.
Besides, precision in dispensing medicine is another significant benefit and reason driving the global topical applicators market during the prediction period. High demand for topical applicators is being witnessed from the skincare sector. Topical applicators are widely used in dermal therapies and particularly for psoriasis. A large number of dermal medicinal applications are topical and require topical applicators for safe, secure, and precise administration. Semi-solid formulations segment plays a significant role in the Topical Dispenser Market Based on the product, the market is divided into semi-solid formulations (creams, pastes, gels, ointments, and lotions), liquid formulations (solutions and suspensions), solid formulations (suppositories and powders) and transdermal products (transdermal patches and transdermal semi-solids). The semi-solid formulations section captured the significant share of the market in 2019. The semi-solid arrangements offer advantages of faster drug release and better acceptability of topical gels by the patient. Get the Sample Copy of the Report: https://www.blueweaveconsulting.com/north-america-workwear-market-bwc20106/report-sample